Op Man HW 3 Chapters 6 & 7

0 75 58 45 40 35 31 28 25 24 unit number 11 12 13 14

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Unformatted text preview: 5. UNIT NUMBER 1 2 3 4 5 6 7 8 9 10 COST ($ MILLIONS) $13.0 7.5 5.8 4.5 4.0 3.5 3.1 2.8 2.5 2.4 UNIT NUMBER 11 12 13 14 15 16 17 18 19 20 COST ($ MILLIONS) $2.2 2.1 1.9 1.9 1.7 1.7 1.5 1.5 1.4 1.4 http://e z to.mhe c loud.mc gr a w- hill.c om/hm.tpx? todo= pr intvie w 3/10 1/29/2014 Assignme nt Pr int Vie w a. Bas ed on pas t ex perienc e, what is the learning rate? (Do not round interm ediate calculations. Round your answer to the nearest whole percent.) Learning rate 60 ± 1 % What is the c os t ex pec ted to be for the las t unit under the learning rate y ou es timated? (Enter Full dollar am ount ­ e.g. 1,000,000 is one m illion ) c. Ex pec ted c os t for las t unit $ 382,200 ± 1000 Explanation: a. You c an es timate the learning perc entage by av eraging the learning between the 1s t and 2nd units , the 2nd and 4th units , the 4th and 8th units , and the 8th and 16th units . In this c as e that would be: (7.5/13.0 + 4.5/7.5 + 2.8/4.5 + 1.7/2.8)/4 = 60% . b. You c an figure this out by us ing the c umulativ e fac tors in Ex hibit 6.5. You...
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This note was uploaded on 01/29/2014 for the course MAN 4504 taught by Professor Georgekyparisis during the Fall '09 term at FIU.

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